NOT LISTED FOR SALE

522 E Sycamore Ave Orange, CA 92866

Estimated Value: $966,000 - $1,399,000

3 Beds
2 Baths
1,534 Sq Ft
$712/Sq Ft Est. Value

Last Sold September 04, 2014

Last sale price $650,000 $424 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,443/month

42 Days on Market

About This Home

As of September 2014

Two separate homes on 1 lot. Large remodeled 2 bed/1 bath home with rear bungalow 1 bedroom home. Offers garages and close proximity to Chapman University within several blocks of Downtown Plaza shopping and restaurants.

Last Agent to Sell the Property

Donald St. Jean

AIM Properties License #01362100 Listed on: 06/16/2014

Last Buyer's Agent

Mark Drenner

Real Estate Establishment Inc. License #00753320

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,615 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,534 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 759
  • Assessor Parcel Number 38613123

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $3,000
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 38613123
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 423.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6615.00
  • Lot Size Acres: 0.1520

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Lot Size Area: 6615.0000 Square Feet
  • Net Operating Income: 21600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 14400.00
  • Rent Control: No

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 759
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2014
Closed on
Aug 1, 2014
Sold by
Szeyller Edward and Szeyller Jo Ann Marie
Bought by
The Steven R Smith & Georgiann Smith 198
Seller's Agent
Donald St. Jean
AIM Properties
Buyer's Agent
Mark Drenner
Real Estate Establishment Inc.
List Price
$640,000
Sold Price
$650,000
Premium/Discount to List
$10,000
1.56%
Current Estimated Value
$1,092,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,414
Avg. Annual Appreciation
4.69%
Original Mortgage
$390,000
Outstanding Balance
$297,263
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$795,151

Purchase Details

Closed on
Aug 31, 2006
Sold by
Smith Gladys S
Bought by
Smith Gladys S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
The Steven R Smith & Georgiann Smith 198 $650,000 Wfg Title Company
Smith Gladys S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Steven R Smith & Georgiann Smith 198 $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2014 09/04/14 Sold $650,000 +1.6% $424 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $640,000 -- $417 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,639 $781,199 $720,804 $60,395
2024 $8,639 $765,882 $706,671 $59,211
2023 $8,447 $750,865 $692,815 $58,050
2022 $8,283 $736,143 $679,231 $56,912
2021 $8,053 $721,709 $665,912 $55,797
2020 $7,979 $714,309 $659,084 $55,225
2019 $7,879 $700,303 $646,160 $54,143
2018 $7,760 $686,572 $633,490 $53,082
2017 $7,440 $673,110 $621,068 $52,042
2016 $7,297 $659,912 $608,890 $51,022
2015 $7,191 $650,000 $599,744 $50,256
2014 $1,810 $130,860 $81,008 $49,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14125990

California Regional Multiple Listing Service (CRMLS)

APN: 386-131-23